PennyMac Financial Services, Inc.

Assistant VP Servicing (expense reduction/change mgmt)

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree; MBA or CFA preferred
  • 5+ years of relevant work experience
  • Advanced data modeling skills using spreadsheets and business intelligence tools
  • Strong understanding of financial and business drivers in mortgage banking
  • Database management and SQL skills preferred
  • Proficient in Excel with experience in complex analyses
  • Experience querying and analyzing large data sets

Responsibilities

  • Contribute to strategies for utilizing data and metrics to enhance Servicing operations
  • Produce monthly forecasts and business review presentations
  • Provide analytical support for operations leaders to improve planning and efficiency
  • Develop operational capacity and forecasting models
  • Manage data storage and transformation for strategic insights
  • Perform other related duties as assigned
  • Demonstrate alignment with the organization’s culture and values

Benefits

  • Comprehensive Medical, Dental, and Vision coverage
  • Paid Time Off including vacation, holidays, illness, and parental leave
  • Wellness Programs and Employee Recognition Programs
  • Retirement benefits, life insurance, 401k match, and tuition reimbursement
  • Philanthropy Programs with matching gifts and volunteer grants
Full Job Description
A Typical Day

The Assistant Vice President Servicing Finance is responsible for the development and distribution of models that measure and predict the operational activities of the Servicing division utilizing a data centric and technology driven approach. As the AVP Servicing Finance, your responsibilities will include, but are not limited to: Model Development, Data Analytics, Data Management, Process Improvement, Operational Capacity and Forecasting, Annual Budgeting, Portfolio Forecasting, and other key corporate initiatives.

 

The Assistant Vice President Servicing Finance will:

 

  • Contribute to and implement strategies for developing and utilizing data and metrics to predict, improve and measure the Servicing operation, leveraging data and BI tools/practices to build automated models and dynamic forecasts
  • Produce monthly forecasts and business review presentations on key drivers and metrics within the mortgage servicing division to drive down costs
  • Provide dedicated analytical & reporting support for operations leaders, focusing on initiatives that will enable improvements in planning, efficiency, controls, and the client experience
  • Develop operational capacity and forecast modeling for portfolio, delinquency, activity drivers, staffing, etc. 
  • Manage Data – responsible for the storage and transformation of enterprise information, providing tactical and strategic insight that will assist leaders' decision-making relative to operational and regulatory risks that impact business outcomes
  • Performs other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organization’s desired culture and values
What You’ll Bring
  • Bachelor’s degree; MBA or CFA preferred 
  • 5+ years of relevant work experience
  • Advanced data modeling skills using spreadsheets and other business intelligence tools
  • Strong understanding of the key financial and business drivers within mortgage banking (and ideally mortgage servicing)
  • Database management and SQL skills preferred
  • Must be highly proficient in Excel, experience developing complex analyses required
  • Proven ability and experience to query / analyze large data sets and assess outcomes

 

Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include: 

  • Comprehensive Medical, Dental, and Vision
  • Paid Time Off Programs including vacation, holidays, illness, and parental leave 
  • Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
  • Retirement benefits, life insurance, 401k match, and tuition reimbursement 
  • Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

 

To learn more about our benefits visit: https://pennymacnews.page.link/benefits

 

For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information

 

Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:

  • Lower in range - Building skills and experience in the role
  • Mid-range - Experience and skills align with proficiency in the role 
  • Higher in range - Experience and skills add value above typical requirements of the role 

 

Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance. 

 

Salary$90,000 - $150,000 Work ModelOFFICE

About PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. is a mortgage finance company that provides home loans and related services. The company was founded in 2008 and is headquartered in Westlake Village, California. PennyMac's business includes the origination, servicing, and sale of mortgage loans, as well as the management of investments related to mortgage loans. The company operates in two segments: Production and Servicing. PennyMac's mission is to make homeownership accessible and affordable for all Americans by providing innovative mortgage solutions.
Learn more about PennyMac Financial Services, Inc.
Size
6,308 employees
Market Cap
$2.7 billion
Industry
Net Income
$1.6 billion
5 Year Trend
+21.2%
Revenue
$4.5 billion
NASDAQ

Similar Jobs

More Jobs at PennyMac Financial Services, Inc.

More Finance & Insurance Jobs

Find similar Assistant VP Servicing (expense reduction/change mgmt) jobs: